Privacy Statement

This Privacy Statement outlines the practices used by Immediate Chain to collect and manage personal data from users accessing the website.

Overview

This Privacy Statement aims to clarify the reasons behind our collection of personal data, the types of information we collect, and how we utilize it. Additionally, we outline the privacy rights of our users and the measures we take to safeguard their personal data.

Key Terms and Definitions

Before continuing with this Privacy Statement, please take a moment to review the following important terms and definitions:

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• Personal Information: Any data that can identify an individual, either directly or indirectly. This includes personal identifiers such as names, identification numbers, physical or digital location data, as well as details about the person’s physical, economic, cultural, or social characteristics, as outlined in Article 4(1) of the GDPR.
• Data Controller: The entity responsible for overseeing the collection, processing, and usage of personal data. In this case, Immediate Chain serves as the Data Controller.
• Data Processor: An individual, organization, or company that handles personal data on behalf of the Data Controller. The Data Controller designates the Data Processor, and a single Data Controller may work with multiple Data Processors.
• Personal Data Processing: Any activity performed on personal data, such as its collection, storage, use, transfer, protection, or deletion.
• GDPR (General Data Protection Regulation): Regulation (EU) 2016/679 of the European Parliament and Council, dated April 27, 2016, which governs the protection of individuals' personal data and facilitates the free movement of such data within the EU. This regulation repeals Directive 95/46/EC. Read the full regulation here.

Collection of Personal Information by Immediate Chain

Immediate Chain collects Personal Information to ensure the smooth operation of our website and to provide users with a high-quality service. Below are the main ways we gather Personal Information:

• Personal Information Provided by Users

When visitors create an account or use our services on the Immediate Chain platform, they willingly share certain Personal Information. For instance, during account registration, you will be asked to provide details like your full name, email address, country of residence, and other contact information. By completing the registration process and engaging with our services, you consent to the collection and processing of your Personal Data.

• Personal Data Shared Through Communication

If you choose to contact us via email or a contact form, you'll be required to provide your personal details, such as your name and contact information. This data is essential for us to respond to your inquiries and address any concerns or questions. Immediate Chain only collects and processes the information necessary for the operation of our services and effective communication with our users.

• Personal data obtained during normal use of the website

Other personal data, such as data related to the behavior of visitors to the Immediate Chain website, may also be collected. We use cookies and other tools to collect valuable information about how visitors interact with certain parts of our website. This can help us to refine our services, solve technical problems and enable the website to function as intended. We do not use this type of personal data to uniquely identify visitors.

How do we lawfully process your personal data?

Immediate Chain only collects and processes personal data that is necessary for the proper functioning of the website and to ensure that we can analyze its performance in order to improve it if necessary. The methods used to collect and process personal data are subject to all applicable data protection laws and do not violate the rights of our users.

We collect and process personal data on the following legal bases:

• Contractual: In order to provide services to users, such as account creation, Immediate Chain needs to collect certain Personal Data.
• Legal compliance: As a data controller, Immediate Chain is required by the GDPR and other data protection regulations to collect personal data.
• Legitimate interest: Under the GDPR, Immediate Chain is entitled to process personal data if we can demonstrate that we have a legitimate interest and do not infringe the rights of users.
• Additional data collection: Immediate Chain may also collect additional Personal Data for other reasons if users give their explicit consent.

How do we use your personal information?

Here are the ways Immediate Chain uses personal information:

• Creating user accounts: By collecting personal information, including your name and contact information, we may create an account on your behalf. If you choose to complete the registration form, you are giving your informed consent to the collection and processing of the information you provide.
• Communicating with users: If you choose to contact us via communication channels, such as email or a contact form, you will be required to provide your contact information. This will allow us to respond to your question, request or feedback.
• Promoting limited-time offers: We may advertise limited-time promotions that we would like to inform our users about, if they have given their prior consent. To do this, we need to collect and process certain personal data related to your contact information.
• To improve the Immediate Chain website: Immediate Chain has a legitimate interest in improving our services and developing our website. To do this, we need to collect and process personal data that helps us identify which areas of the website need improvement.

Cookie Use

Immediate Chain uses cookies on our website to ensure that all services work as intended, identify technical issues, and learn how to improve our user experience. If you would like to learn more about our use of cookies, please read our Cookie Policy.

You may encounter three primary types of cookies when interacting with the Immediate Chain device and its features. These are:

Essential cookies

As the most important cookies, essential cookies ensure that all features of the Immediate Chain website work properly. Without essential cookies enabled, many of our features will not work as intended and may even become inaccessible.

Google Analytics Cookies

These cookies provide valuable insights into the performance of our website and how users interact with our features. We use Google Analytics cookies as feedback to identify areas on our website where we can improve our visitors' experience. We do not use Google Analytics cookies to uniquely identify our users.

External cookies

Additional cookies may also be set on the Immediate Chain website by third parties with whom we have a relationship. Third parties with whom we have a relationship include brokerage firms with whom we have a partnership and who assign users to them. For more information, please refer to the Privacy Policy and Cookie Policy of the designated broker.

Storage of personal data

Immediate Chain is not a data processor and we do not store user data on our servers.

Once a user creates an account on our platform, we transfer their personal data to the broker that they have assigned. The broker that becomes the data processor is responsible for the processing of all personal data of that user. If you would like to learn more about how your broker handles your personal data, please contact them or read their privacy policy.

All brokers that we deal with comply with all data protection laws, such as the GDPR, that apply to their respective countries.

Protection of personal data

Immediate Chain ensures that personal data is handled with care and uses a number of security methods to protect it. All staff adhere to strict confidentiality rules and personal data is only shared with the minimum number of staff necessary. We respect your personal data and will not allow unauthorised access to your personal data.

In rare circumstances, we may be legally obliged to provide information about certain users to the authorities. For example, during a criminal investigation, law enforcement agencies may request to see information about a user's activity on our website. We will carefully review all requests from authorities to ensure they are lawful before providing any personal information. If such sharing is dependent on your consent, we will inform you appropriately and ask for your permission before taking action.

Third Party Access to Personal Data

Third parties may request Immediate Chain to provide specific information about the Personal Data we collect from our users. In such cases, we will determine whether the third party has a legitimate interest in obtaining such information and whether their request outweighs our users' right to privacy.

As Immediate Chain is the Data Controller, we may work with multiple Data Processors with whom we may need to share your Personal Data. This ensures that all operations on our website run smoothly. For example, employees of our hosting provider or IT service provider may need to access your personal data. Immediate Chain does not disclose personal data to third parties without the users’ consent, and any access to personal data by third parties complies with all applicable data protection laws.

User Data Protection Rights

As a user of Immediate Chain, you have a number of fundamental data protection rights, such as the GDPR. These include:

• Data subject access right: You may request Immediate Chain to provide you with access to any Personal Data relating to you.
• Right to rectification: You may request that Immediate Chain amend or rectify some or all of your data if you believe it is inaccurate or has been recorded incorrectly.
• Right to erasure: You may request that Immediate Chain delete your Personal Data and inform third parties with access to it to delete copies of your data.
• Right to restriction: You may request that Immediate Chain temporarily restrict access to your Personal Data in certain circumstances.
• Right to portability: You may request that Immediate Chain transmit some or all of your personal data to a third party.
• Right to lodge a complaint: You may lodge a complaint with your local authorities if you believe that Immediate Chain has infringed your data protection rights through our data collection or processing methods.

You have the right to withdraw your consent to the collection and processing of your personal data by Immediate Chain at any time. Furthermore, if you can demonstrate that your data protection rights override our legitimate interests (as per the GDPR), you may object to the collection and processing of your personal data.

Depending on your country of residence, additional data protection rules may apply to you. Please check your local laws and contact us if you wish to exercise your privacy rights.

Policy Changes

All content on the Immediate Chain website, including this Privacy Policy, may be changed at any time and without prior notice to users. Any changes will be effective immediately upon posting, and it is the responsibility of users to familiarize themselves with the latest version of the Immediate Chain policies and agreements. Your continued use of the Immediate Chain number constitutes your consent to this Privacy Statement.

If you have any feedback or questions regarding the collection, processing and use of your data or any other information provided in this Privacy Policy, please contact us. Instructions on how to do this can be found on the Contact Us page.